Kirkland suspends Macassa (March 04, 2003)
The failure of a pillar between an ore pass and shaft 3 has forced Kirkland Lake Gold (KGI-V) to suspend production…
2003
Minco adds Chinese ground
Vancouver– Minco Mining & Metals (MMM-T) has inked a deal with the Bureau of Metallurgical Exploration of Sichuan…
Knife combatants take a breather
Diamond explorer Rhonda (RDM-V) and the Canadian exploration division of De Beers have agreed to suspend litigation…
Juniors team up in Labrador
Vancouver — Altius Minerals (ALS-V) and Fronteer Development (FRG-V) have teamed up to explore for iron oxide copp…
Doyon hoist fails
Cambior (CBJ-T) reports that the production hoist at its Doyon mine, 40 km east of Rouyn-Noranda, Que. broke down o…
Monroe Minerals sells alluvial diamonds for US$770 per carat
Vancouver–Monroe Minerals (MMX-V) sold its first parcel of diamonds from pre-production at its London alluvial dia…
IMA tables drill results from Las Bayas project
Vancouver — IMA Exploration (IMR-V) has completed its 19-hole drill campaign on its Las Bayas project in Patagonia…
Trading Summary (March 03, 2003)
Toronto’s gold stocks took it on the chin on Monday as the yellow metal slipped another US$1.10 per to US$348.50 pe…
GREATEST VALUE TRADED, FEB. 19-25
ExchgVal($000s)HighLowCloseChangeNewmont Mng*N49116828.4926.9727.12-0.06…
Agnico-Eagle looks to spread its wings
Determined not to remain a one-mine company, Agnico-Eagle Mines (AGE-T) has unveiled plans that would see it exploit two gold deposits, Lapa and Goldex, both of which are within trucking distance of i…
BHP enjoys higher output at Ekati mine
BHP Billiton’s (BHP-N) share of mine production at Ekati in the Northwest Territories was 1.1 million carats in the recent fourth quarter — 15% higher than in the corresponding period of 2001 and 12%…
Restraint gives way to profligacy Throwing money around
New ministers of finance are always watched carefully to see how much their budgets will depart, philosophically and strategically, from those their predecessors brought down. John Manley’s first budg…